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chapter 4
2004 Performance Report and Preliminary
2006 Annual Performance Plan

Table 4-4 2004 Performance, 2005 Target, and 2006 Preliminary Performance Plan
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FY2004
Target
FY2004
Actual
FY2005
Target*
FY2006
Prelim.
Target
National
Total
Revenue
$68.9B $69.0B $68.3B Rate
Case

*Quarter I, FY 2005 results will be available on http://usps.com/financials/ following the February 2005 Board of Governors meeting.

Mail volume and revenue growth are dependant on the economy, the occurrence of extraordinary events, the underlying demand for postal services, and the attractiveness of competitive alternatives. Fiscal Years 2000 to 2003 represented a period of extraordinary turbulence in the economy. Despite these conditions, the Postal Service has kept postage rates stable since 2002.

In 2005 postal management expects to seek approval from the Board of Governors to file for a rate increase in 2006. The revenue requirement for 2006 will be provided with the filing.

There are no changes to the goals, objectives, indicators, or measures for 2005.

5. Obtain Reform

The final strategy, to obtain greater flexibility to manage cost and to respond to customer needs depends on Congressional action.

Figure 4-5 National Total Revenue to Plan Performance
Five Year Trend, FY2000 –2004

Figure 4-5 Five Year Trend, FY2000 –2004